F&C PROPERTIES: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
F&C PROPERTIES
Largest movements
- Cash -€1.2m
down €1.2m (-100.0%), from €1.2m to €11
mainly Other debts (-€1.1m) and Investment in fixed assets (net) (-€637,236)
- Tangible fixed assets +€537,731
up €537,731 (+21.8%), from €2.5m to €3.0m
of which Land and buildings: +€518,371
- Deferred charges and accrued income +€130,094
up €130,094 (+1037.2%), from €12,543 to €142,638
- Receivables within one year +€49,999
up €49,999 (+30.5%), from €163,750 to €213,749
- Other debts -€1.1m
down €1.1m (-73.0%), from €1.5m to €416,909
- Revaluation surpluses +€613,036
up €613,036 (+320.3%), from €191,424 to €804,459
- Profit (loss) carried forward -€97,246
down €97,246 (-30.3%), from -€321,166 to -€418,413
- Trade debts +€89,559
up €89,559 (+91.5%), from €97,876 to €187,435
- Gross operating margin +€259,359
up €259,359, from -€225,321 to €34,037
- Depreciation +€37,434
up €37,434 (+59.9%), from €62,506 to €99,940
- Financial charges -€29,707
down €29,707 (-98.2%), from €30,258 to €551
- Other operating charges +€27,712
up €27,712 (+899.4%), from €3,081 to €30,793
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,882,995 | €3,360,390 | -€522,605 | -13.5% |
| Fixed assets | 21/28 | €2,466,696 | €3,003,992 | +€537,296 | +21.8% |
| Intangible fixed assets | 21 | €470 | €35 | -€435 | -92.6% |
| Tangible fixed assets | 22/27 | €2,466,227 | €3,003,957 | +€537,731 | +21.8% |
| Land and buildings | 22 | €2,466,227 | €2,984,597 | +€518,371 | +21.0% |
| Furniture and vehicles | 24 | - | €19,360 | +€19,360 | |
| Current assets | 29/58 | €1,416,299 | €356,398 | -€1.1m | -74.8% |
| Amounts receivable within one year | 40/41 | €163,750 | €213,749 | +€49,999 | +30.5% |
| Trade receivables | 40 | €163,750 | €213,749 | +€49,999 | +30.5% |
| Cash at bank and in hand | 54/58 | €1,240,006 | €11 | -€1.2m | -100.0% |
| Deferred charges and accrued income | 490/1 | €12,543 | €142,638 | +€130,094 | +1037.2% |
| Total equity and liabilities | 10/49 | €3,882,995 | €3,360,390 | -€522,605 | -13.5% |
| Equity | 10/15 | -€109,743 | €406,046 | +€515,789 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €191,424 | €804,459 | +€613,036 | +320.3% |
| Profit (loss) carried forward | 14 | -€321,166 | -€418,413 | -€97,246 | -30.3% |
| Amounts payable | 17/49 | €3,992,738 | €2,954,344 | -€1.0m | -26.0% |
| Amounts payable after more than one year | 17 | €2,350,000 | €2,350,000 | = | 0.0% |
| Financial debts | 170/4 | €2,350,000 | €2,350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,642,738 | €604,344 | -€1.0m | -63.2% |
| Trade debts | 44 | €97,876 | €187,435 | +€89,559 | +91.5% |
| Suppliers | 440/4 | €97,876 | €187,435 | +€89,559 | +91.5% |
| Other amounts payable | 47/48 | €1,544,862 | €416,909 | -€1.1m | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,506 | €99,940 | +€37,434 | +59.9% |
| Other operating charges | 640/8 | €3,081 | €30,793 | +€27,712 | +899.4% |
| Gross operating margin | 9900 | -€225,321 | €34,037 | +€259,359 | |
| Operating profit (loss) | 9901 | -€290,909 | -€96,696 | +€194,213 | +66.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €30,258 | €551 | -€29,707 | -98.2% |
| Recurring financial charges | 65 | €30,258 | €551 | -€29,707 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | -€321,166 | -€97,246 | +€223,920 | +69.7% |
| Profit (loss) for the period | 9904 | -€321,166 | -€97,246 | +€223,920 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€321,166 | -€97,246 | +€223,920 | +69.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.